When Rado Lipuš, CFA, founder and CEO of Neudata, started thinking about data scouting as an outsourced service for asset managers, he was worried he might not unearth enough new data sets. A year down the line and he is busy hiring more staff to deal with the amount of providers looking to monetise their data.…

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In an effort to beat benchmarks, investment companies sometimes say they are looking at the entire dataset of Twitter, known in the business as the “full firehose”. In actual fact, few people can manage the sheer scale and storage challenges that come with it, not to mention the costs. A hypothesis-driven attempt to do some of…

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President Donald Trump’s administration this week touted an infrastructure plan that would sell off public assets to private financial firms. Left unsaid in the White House promotional materials was any mention that the Trump aide who is overseeing the initiative comes from a Wall Street firm that says it is seeking to buy up the very…

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Close During his successful quest to win Pennsylvania’s 20 electoral votes, Donald Trump told the state’s voters that colleges are fleecing taxpayers and enriching Wall Street. “What a lot of people don’t know is that universities get massive tax breaks for their massive endowments,” he told a crowd in suburban Philadelphia. “These huge multibillion-dollar endowments are…

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One of the hottest trends among high-tech startups is using cryptocurrency to fundraise, a process called initial coin offerings. Forbes reported ICOs are “raising money at astonishing speed — amassing about $440 million over two years, mostly for developers of early-stage projects.” Billionaire venture capitalist Tim Draper told Reuters he is joining the ICO of a…

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During his presidential campaign, Donald Trump pledged to eliminate tax provisions that allow Wall Street money managers to pay a lower tax rate on their compensation than most middle-class people pay on their income. Financial executives taking advantage of the tax maneuver “are getting away with murder,” he said. Yet since taking office — and subsequently…

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During his successful quest to win Pennsylvania’s 20 electoral votes, Donald Trump told the state’s voters that colleges are fleecing taxpayers and enriching Wall Street. “What a lot of people don’t know is that universities get massive tax breaks for their massive endowments,” he told a crowd in suburban Philadelphia. “These huge multi-billion dollar endowments are…

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